SAFE Circular 78 definition

SAFE Circular 78 means the Operation Rules on the Foreign Exchange Administration on the Participation by Domestic Individuals in the Employee Stock Ownership Plans, Stock Option Plans of Offshore Listed Companies issued by SAFE on March 28, 2007, which became effective as of March 28, 2007 and replaced by SAFE Circular 7 on February 15, 2012.
SAFE Circular 78 means the Operation Rules on the Foreign Exchange Administration on the Participation by Domestic Individuals in the Employee Stock Ownership Plans, Stock Option Plans of Offshore Listed Companies issued by SAFE on March 28, 2007 and which became effective as of March 28, 2007.
SAFE Circular 78 means Circular 78, issued by SAFE on March 28, 2007, titled “Notice of the SAFE on Foreign Exchange Administration of the Involvement of Domestic Individuals in the Employee Stock Ownership Plans and Share Option Schemes of Overseas Listed Companies,” effective as of March 28, 2007 and replaced by SAFE Circular 7 on February 15, 2012.

Examples of SAFE Circular 78 in a sentence

  • The Company has complied in all material respects with the reporting and/or registration requirements of SAFE Circular 37, SAFE Circular 75, SAFE Circular 78 or any other applicable SAFE rules and regulations (collectively, the “ SAFE Rules and Regulations”).

  • However, SAFE Circular 78 only applies to the share option schemes of overseas listed companies, as opposed to unlisted overseas companies.

  • The Operating Rules on the Foreign Exchange Administration of the Involvement of Domestic Individuals in the Employee Stock Ownership Plans and Share Option Schemes of Overseas Listed Companies, promulgated by SAFE on March 28, 2007 ("SAFE Circular 78") covers the involvement of domestic individuals in share option schemes.

  • In addition, SAFE Circular 78 does not expressly cover indirect ownership interest in an overseas listed company by a share option scheme.

  • Except as would not, individually or in the aggregate, reasonably be expected to have a Company Material Adverse Effect, the Company has complied with the registration or reporting requirements of SAFE Circular 7, SAFE Circular 37, SAFE Circular 75, SAFE Circular 78 or any other applicable SAFE rules and regulations including without limitation the registration of its Share Incentive Plans with the Governmental Authorities in the PRC.


More Definitions of SAFE Circular 78

SAFE Circular 78 means Circular 78, issued by SAFE on March 28, 2007, titled "Notice of the SAFE on Foreign Exchange Administration of the Involvement of Domestic Individuals in
SAFE Circular 78 means Circular 78, issued by SAFE on March 28, 2007, titled “Notice of the SAFE on Foreign Exchange

Related to SAFE Circular 78

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  • WHFIT Regulations Treasury Regulations section 1.671-5, as amended.

  • Electricity Act means the Electricity Act, 1998, S.O. 1998, c. 15, Schedule A;